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11 mentions found


☆ The self-driving future will look unremarkable. That's the point.
  + stars: | 2024-09-22 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +5 min
The view of the Waymo depot from Sophia Tung's apartment. To be clear, Waymo's cars are impressive. AdvertisementA surveillance company reached out to Sophia Tung to upgrade her Waymo livestream equipment. Sophia TungSince it went up on YouTube, Tung's livestream has received a few upgrades. Every hour, a digital goose will also pop up somewhere on the screen — an homage to the once-honking cars, the engineer said.
Persons: —, Sophia Tung, Tung, Sophia Tung's, Tung's, ennui, Waymo, BI's Peter Kafka, livestream, It's, Christine, John Carpenter's, Stephen King, Christine doesn't Organizations: Service, YouTube, Business, Logitech, Radio, San, PACE, Plymouth, NBC Bay Area Locations: Waymos, Market, San Francisco, Tung, Sophia, German
☆ Leaked Microsoft org chart reveals the top people running Mustafa Suleyman's new AI organization
  + stars: | 2024-06-06 | by ( Ashley Stewart | ) www.businessinsider.com   time to read: +5 min
Microsoft in March hired Suleyman, head of startup Inflection AI and cofounder of AI pioneer Deepmind, to be CEO of a newly formed "Microsoft AI" group. Here are top players at Microsoft AI:AdvertisementKarén Simonyan, CVP and chief scientistKarén Simonyan Inflection AI Inflection AISimonyan is one of three Inflection co-founders. Kya Sainsbury-Carter, CVP Microsoft AdvertisingSainsbury-Carter is an 18-year veteran of Microsoft. Qi Zhang, CVP Microsoft AI APRDZhang is based in Beijing and has been at Microsoft for 22 years. Chris Daly, VP strategy and business operationsDaly joined Microsoft AI in May after spending about nine years in investment banking at Robey Warshaw.
Persons: —, Mustafa Suleyman, Suleyman, Karén Simonyan, Karén, Simonyan, Satya Nadella, Rob Cromwell, Cromwell, Gabor Hirschler, Hirschler, Mikhail Parakhin, Jordi Ribas, Bing, Rukmini Iyer, Iyer, Rajesh Sundaram, Sundaram, Ali Akgun, Panos Panay, Sainsbury, Carter, Qi Zhang, Zhang, Mike Davidson, Davidson, Michael Bhaskar, Bhaskar, DeepMind, Chris Daly, Daly, Robey Warshaw Organizations: Service, Microsoft, Business, Bing, Enterprise, Microsoft Edge, Carter, Microsoft Advertising, Pacific Research, Development, Twitter, NBCNews.com, Walt Disney Internet, Microsoft AI Locations: Copilot, Beijing, Asia, Pacific, London
☆ This AI startup that helps stores catch shoplifters just bagged $1.5 million in pre-seed funding without using a pitch deck
  + stars: | 2024-04-22 | by ( Melia Russell | ) www.businessinsider.com   time to read: +7 min
MokSa.ai uses general-use models and customizes them to detect suspicious activity at store locations. The company also pays college interns in India to watch footage for suspicious activity and annotate it — a process called data labeling. The dashboard shows reports of suspicious activity at a glance. MokSa.aiThe Android of the surveillance marketBefore MokSa.ai, Kolli worked as a quality manager at a company producing parts for high-speed rails. While these two tout their abilities to detect suspicious activity and send alerts, they both require customers to use their cameras and sensors.
Persons: —, Nikhil Teja Kolli, Kolli, Jay Farner, MokSa.ai, MokSa.ai Kolli, Shruti Gandhi, Gandhi, It's Organizations: Service, Business, Array Ventures, Quicken Loans, The Fund, Ventures, Royal Ozarks Locations: Kansas, India, Detroit
☆ Company says its '3-3-3' perk — which pays for any 3 employees to go out after 3 p.m. — is good for business
  + stars: | 2024-02-19 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +4 min
Read previewAt cloud-based security company Verkada, employees are paid to hang out with each other. "The traditional way to do this is happy hour," Verkada CFO Kameron Rezai told Business Insider. The 3-3-3 program expenses up to $30 per person, and requires no pre-approval, Rezai said. Kaliszan said in the podcast that prior to "3-3-3," employees could still expense the company if they went out together. However, the idea of the 3-3-3 program is to decentralize these kinds of employee interactions so they can plan themselves without going through an office manager.
Persons: —, Kameron Rezai, Filip Kaliszan, Kaliszan, Rezai, Verkada, that's Organizations: Service, Business Locations: California
☆ 2023 has been an AI feeding frenzy, here are the startups that attracted the most investment this year
  + stars: | 2023-12-04 | by ( Darius Rafieyan | ) www.businessinsider.com   time to read: +7 min
Despite an overall slump in startup funding, 2023 saw a scramble among investors to pour money into AI and machine learning startups. And the company's star still appears to be rising, despite a messy leadership struggle that recently spilled into public view. Meanwhile OpenAI's perennial rival Anthropic attracted multi-billion dollar investments from both Google and Amazon to fund a competing AI model known as Claude. At the same time legacy companies from John Deere to accounting firm PwC played up their AI bona fides to capitalize on the hype. The list doesn't include startups who have not publicly released the amount of their funding rounds.
Persons: OpenAI, Anthropic, Claude, Databricks, John Deere, PwC, Fresh Organizations: Microsoft, Google, Alpha, Technology, Monogram, Sigma, Lambda, Helsing, Metals, Eagle Eye, Amelia, Asimov, Farmers Business, Harbinger, Prins, Silo, Mistral, Alto, AMP, Management Software, Universal, Coro, Kodiak Robotics, Aerospace, Defense, Sana, Corti, Kyte, Mitra, Tech, Boss Digital Technology, Halcyon, & $ Locations: PitchBook
☆ Founder Collective has quietly built a seed-investing powerhouse that just raised a $95 million new fund. Its secret sauce: staying small.
  + stars: | 2023-11-08 | by ( Melia Russell | ) www.businessinsider.com   time to read: +7 min
The firm has raised $95 million for its fifth and largest fund, Founder Collective tells Insider exclusively. While it's not the splashiest shop, those in the know know Founder Collective has quietly built one of the most successful venture-capital franchises on the East Coast. Founder CollectiveFounded in 2009, Founder Collective started as a bloc of founders and investors pooling their money to invest in startups. Founder Collective has always been ruthlessly focused on the seed stage, where investors take the biggest risk in pursuit of the highest returns. "We have been fastidious and we've screamed it to anyone who will listen: capital efficiency, capital efficiency, capital efficiency," Frankel said.
Persons: Eric Paley, Collective's, it's, Beezer Clarkson, Sapphire, Clarkson, Paley, David Frankel, Frankel, Amanda Herson, Herson, we've Organizations: Sapphire Partners, Cendana, Foundry Group, Forbes, Felicis Ventures Locations: Cambridge , Massachusetts, East, Coupang, Susa
☆ Viral TikTok shows a Target San Francisco store going to extreme measures to deter shoplifters, with an entire aisle locked up
  + stars: | 2023-04-25 | by ( Dominick Reuter | Ben Tobin | ) www.businessinsider.com   time to read: +4 min
A TikTok video showing an aisle of items including toothpaste and razors under lock and key has gone viral. News outlets cited it as further evidence of "a shoplifting crisis that has crippled retailers" in San Francisco. A recent study found low-cost items in the health and beauty section are a top target for retail thieves. The new TikTok video only shows one aisle and the rear of the store, and a Target spokesperson told Fox News that other aisles were not so heavily protected. "We're taking proactive measures to keep our teams and guests safe while deterring and preventing theft," a Target spokesperson said in a statement to Insider.
☆ What Young Workers Miss Without the ‘Power of Proximity’
  + stars: | 2023-04-24 | by ( Emma Goldberg | Ben Casselman | ) www.nytimes.com   time to read: +1 min
At least 10 times a day, Erika Becker, who works as a sales development manager at a technology company called Verkada, turns to her boss with questions. “What could I have done better?”Ms. Becker, 28, comes into her office in San Mateo, Calif., five days a week, along with all her colleagues. “It’s like if there’s something in my teeth, I want you to tell me,” she said. More than 50 million Americans, largely in white-collar jobs, began working from home at least part of the time. In recent months, as large employers — including Amazon, Disney and Starbucks — have tried to call workers back to the office, thousands of employees have objected, pointing to a track record of productivity at home.
☆ Why retail crime rings target cheap goods at Walmart and CVS and skip luxury stores
  + stars: | 2023-04-14 | by ( Ben Tobin | ) www.businessinsider.com   time to read: +3 min
Only 11% of organized retail crime groups target luxury goods, per a recent NRF report. Items most targeted for organized retail crime include apparel and health and beauty products. In fact, luxury goods like jewelry and watches are rarely targeted by criminals. This is due to luxury items being sold in stores with enhanced security measures, the report said. Organized retail crime instead often targets more of the everyday goods available at stores like Walmart, CVS, and Target with less security protecting it.
☆ Organized retail thieves' most-wanted list: Survey reveals which items are most likely to be stolen from stores
  + stars: | 2023-01-21 | by ( Ben Tobin | ) www.businessinsider.com   time to read: +4 min
Organized retail crime has contributed to a $94.5 billion inventory-shrink problem for the retail industry. Retail criminals steal across many different product categories, per the National Retail Federation. Here are the most popular items targeted for organized retail crime as identified by the National Retail Federation, in no particular order. Shoshy Ciment/Business InsiderDesigner handbagsFashion and fine jewelryBeltsWatchesDesigner sunglassesBranded eyewearFootwearShoe retailers need to be wary of organized retail criminals. REUTERS/Jessica DinapoliInfant formulaInfant and toddler itemsChildren's toysOtherGift cards also aren't safe from organized retail crime.
☆ Organized retail crime has ballooned into a $100 billion problem — and store employees are dying over it
  + stars: | 2022-12-18 | by ( Avery Hartmans | Ben Tobin | ) www.businessinsider.com   time to read: +9 min
Organized retail crime increased by 26.5% in 2021, according to the National Retail Federation. It's organized retail crime, and it's a nearly $100 billion problem for the industry. A 2022 study the National Retail Federation conducted found that organized retail crime at retailers surged by 26.5% in 2021 compared to the year prior. Organized retail crime is not the $10,000 jewelry heist you see in the movies, Jake Stauch, the director of product for the security company Verkada, said. The rise of e-commerce has, in large part, fueled organized retail crime.
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